News

Getting access to our limited supply of cobalt and refining it into a useful metal isn’t a trivial ... in the 1940s as the need for a domestic source of cobalt became obvious after World War II.
The U.S. doesn't currently refine cobalt, ... and 72% of the metal is refined in China. Cobalt may be used in a lot of electric vehicles, ... with a global trade war raging, ...
The trading unit of CMOC Group Ltd. — the world’s biggest producer of cobalt — has declared force majeure on deliveries of ...
Battery metal cobalt has been in focus in recent years for its role in lithium-ion batteries, bringing attention to the top cobalt producing countries.One of the metal’s main catalysts is the ...
The move quickly added tailwinds to cobalt metal prices, which as mentioned rose to a two year high of US$36,262 on March 17."The cobalt market has been quiet and stagnant for some time as ...
Most of the cobalt mined in Congo, amounting to 77% of global supplies or more than 170,000 tons last year, according to Darton Commodities, was exported to China for processing into metal or ...
CMOC’s bearish view of the market comes amid a glut of the metal that’s been largely created by the Chinese firm’s expansion of two huge copper-cobalt mines in the Democratic Republic of Congo. It ...
Tariffs aren’t the only thing restricting global free trade right now: The Democratic Republic of the Congo, which mines a whole lot of cobalt, has banned the export of that metal since February ...
A cobalt processing facility that would boost the U.S. supply of the critical mineral is on track to begin construction in late 2025. Once built, the facility in Yuma County would be the only ...